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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (30098)4/4/2000 2:50:00 PM
From: JavaGuy  Read Replies (1) | Respond to of 64865
 
Amazing day, IMO we've just seen what capitulation is all about. While I am sympathetic to losses, and have a chunk of my own, whomever sold Sun at 72 and countless other fantastic tech stocks at incredible lows deserve what they did to themselves. If we've been able to shake out the strongest of the weak hands, we are now in very good shape going forward. They can buy back in the 90's...

The active bond action shows that buyers are not long term, they are willing to sell and take profits, so I think the bond market owes the NAZ a few billion.

I am rather excited today, I am not kicking myself for holding, just not having enough $ to continue buying.

Now, as I look at the quotes, I hope I didn't write this during a "suckers rally(rebound)" But I expect that the last hour selling for margin calls will drop us...

-JG



To: JDN who wrote (30098)4/4/2000 3:28:00 PM
From: Mephisto  Read Replies (1) | Respond to of 64865
 
I took a late morning nap! And I was overwhelmed by the drop!

I think buyers snapped up oversold stocks very quickly though. I didn't know SUNW dropped to $71 either.

You think the selling is over?

Mephisto



To: JDN who wrote (30098)4/4/2000 4:49:00 PM
From: luther yow  Respond to of 64865
 
Sorry you slept in. Tried to buy sunw at 85 this morning and thought better of it when the market started dropping, that wiped out my open to buy and I went to a long expensive lunch. The stock dropped during that time and was back up before I got back so never bought, May have been the chance of a lifetime on this stock, don't ever expect it to happen again.

Luther